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Explanation: Section 4 Memorandum- (1) The memorandum of a Company shall state— (a) the name of the company with the last word 'Limited' in the case of a public limited company, or the last words 'Private Limited' in the case of a private limited company; (b) the State in which the registered office of the company is to be situated; (c) the objects for which the company is proposed to be incorporated and any matter considered necessary in furtherance thereof; (d) the liability of members of the company, whether limited or unlimited; (e) in the case of a company having a share capital,— (i) the amount of share capital with which the company is to be registered and the division thereof into shares of a fixed amount and the number of shares which the subscribers to the memorandum agree to subscribe which shall not be less than one share; and (ii) the number of shares each subscriber to the memorandum intends to take, indicated opposite his name; (f) in the case of One Person Company , the name of the person who in the event of death of the subscriber shall become the member of the company.
In India, insurance has a deep-rooted history. It finds mention in the writings of?
An agreement between an insurance company and an agent, granting the agent authority to write insurance from that company is called?
Which of the following is a policy document which is an evident of insurance contract issued by an insurer digitally signed in accordance with the appli...
What is the CRISIL rating for New India Assurance Co Ltd ?
The Insurance Ombudsman was established to:
What is the purpose of "reinsurance treaties"?
Contract under which the ultimate liability of the reinsurer is capped and on which anticipated investment income is expressly acknowledged as an underw...
Which of the following is NOT a duty of the insured in case of a loss?
One of the methods of reducing insurance cost of an insured is __________.
What is the grace period in case of monthly premium payment mode in insurance?